Kings part ways with team president John ThomasPosted by Inside Hoops
Ailene Voisin of the Sacramento Bee reports:
In a major shake-up within the business operations, the Sacramento Kings on Tuesday bought out team President John Thomas, ending an often contentious, 11-year relationship.
Co-owner Joe Maloof said the restructuring is part of the organization’s attempt to regain its economic vitality and reconnect with its fans.
As part of the effort, longtime Kings legal consultant Matina Kolokotronis takes over as president. In the other moves, assistant general manager Jason Levien assumes additional duties as general counsel and senior vice president. John Rinehart was promoted from chief financial officer to senior vice president of business operations.
And Kevin Kaplan, the marketing consultant who has been instrumental in the reduced ticket pricing, sellout campaign and game-by-game promotional deals, becomes more firmly entrenched as the most trusted outside adviser.